26 January 2015
YTKO’s GetSet for Growth service has now helped secure over £1.8million in finance for ambitious business in Cornwall and the Isles of Scilly.
The investment readiness service, launched in October 2013 and fully funded by the European Regional Development Fund (ERDF) Convergence programme, offers bespoke marketing and finance support to help businesses access new money and markets, enabling their growth. This impressive milestone is the total target as originally set by the ERDF and has been achieved six months ahead of schedule.
Matt Giles, Programme Director explains: “This is a tremendous achievement for GetSet for Growth and our clients, and this success reflects our refreshing approach to investment readiness. We work with businesses to validate market opportunities and build strong value propositions for business growth, helping create effective sales and marketing strategies for securing new opportunities.
We support businesses in unlocking finance through robust business planning and realistic financials, with clear milestones and deliverables. The combination of this approach, with the professionalism demonstrated by our team of experts and our clients, has been recognised by the finance sector resulting in a funding success rate of 97%.”
GetSet is currently working with over 180 businesses from start-ups to established enterprises, spread throughout Cornwall and the Isles of Scilly. Using a combination of grant, debt and equity finance sources, 42 clients have accessed between £3,000 and £200,000.
This success comes just after YTKO Group’s announcement of a new GetSet service launching in East London in Spring 2015, thanks to the generous support of J.P. Morgan.
For more information about the GetSet for Growth, visit www.getsetforgrowth.com.